Maharashtra Scooters Q3 FY24 Results Live : profit falls by 66.78% YOY

Maharashtra Scooters Q3 FY24 Results Live : Revenue decreased by 2.31% YoY & profit decreased by 66.78% YoY

First Published27 Jan 2024, 02:59 AM IST

Maharashtra Scooters declared their Q3 FY24 results on 25 Jan, 2024. The topline decreased by 2.31% & the profit decreased by 66.78% YoY. As compared to the previous quarter the revenue grew by 4% and the profit decreased by 99.49%.

The Selling, general & administrative expenses rose by 6.25% q-o-q & decreased by 2.6% Y-o-Y.

The operating income was up by 20.49% q-o-q & decreased by 97.41% Y-o-Y.

The EPS is ₹0.88 for Q3 FY24 which decreased by 66.54% Y-o-Y.

Maharashtra Scooters has delivered -3.14% return in the last 1 week, 26.85% return in last 6 months and -1.1% YTD return.

Currently the Maharashtra Scooters has a market cap of ₹8386.23 Cr and 52wk high/low of ₹8608.4 & ₹4072 respectively.

Maharashtra Scooters Financials

Period	Q3 FY24	Q2 FY24	Q-o-Q Growth	Q3 FY23	Y-o-Y Growth
Total Revenue	3.38	3.25	+4%	3.46	-2.31%
Selling/ General/ Admin Expenses Total	1.87	1.76	+6.25%	1.92	-2.6%
Depreciation/ Amortization	0.51	0.52	-1.92%	0.51	-0%
Total Operating Expense	5.67	6.13	-7.5%	4.62	+22.73%
Operating Income	-2.29	-2.88	+20.49%	-1.16	-97.41%
Net Income Before Taxes	1.4	199.9	-99.3%	4.09	-65.77%
Net Income	1	197.73	-99.49%	3.01	-66.78%
Diluted Normalized EPS	0.88	173.01	-99.49%	2.63	-66.54%